REVENUES BY PRODUCT AND SERVICE CATEGORY AND GEOGRAPHIC REGION AND SIGNIFICANT CONCENTRATIONS

3 Months Ended

Jun. 30, 2014

REVENUES BY PRODUCT AND SERVICE CATEGORY AND GEOGRAPHIC REGION AND SIGNIFICANT CONCENTRATIONS [Abstract]

REVENUES BY PRODUCT AND SERVICE CATEGORY AND GEOGRAPHIC REGION AND SIGNIFICANT CONCENTRATIONS

NOTE 15.  REVENUES BY PRODUCT AND SERVICE CATEGORY AND GEOGRAPHIC REGION AND SIGNIFICANT CONCENTRATIONS

Revenue Information

The following is a summary of our revenues by product and service category (in thousands):

	Three Months Ended
	June 30,
Revenues by Product and Service Category	2014		2013
Instruments(1)	$	7,594	$	8,675
Consumables(2)		34,286		30,599
Other products and services(3)		5,560		3,858
Product and service revenues, net		47,440		43,132
Development and licensing revenue		37		37
Total revenues	$	47,477	$	43,169

(1) Instruments include chemistry analyzers, hematology instruments, VSpro specialty analyzers and i-STAT analyzers.

(2) Consumables include reagent discs, hematology reagent kits, VSpro specialty cartridges, i-STAT cartridges and rapid tests.

(3) Other products and services include veterinary reference laboratory diagnostic and consulting services.

The following is a summary of our revenues by geographic region based on customer location (in thousands):

	Three Months Ended
	June 30,
Revenues by Geographic Region	2014		2013
North America	$	38,340	$	34,652
Europe		7,284		6,552
Asia Pacific and rest of the world		1,853		1,965
Total revenues	$	47,477	$	43,169

Significant Concentrations

During the three months ended June 30, 2014 and 2013, one distributor in the United States, MWI Veterinary Supply, accounted for 15% and 23%, respectively, of our total worldwide revenues.

Concentration of credit risk with respect to accounts receivable is primarily limited to certain distributors to whom we make significant sales. One distributor in the United States accounted for 21% and 25% of our total receivable balance at June 30, 2014 and March 31, 2014, respectively.